CEA Climate Change & Sustainability Metrics 5

Question 1

An auditor reviews a company's net-zero commitment. According to the SBTi Corporate Net-Zero Standard, by what year must companies achieve net-zero emissions?

Accepted Answer

No later than 2050

Answer

The SBTi Corporate Net-Zero Standard requires companies to achieve net-zero emissions no later than 2050, consistent with 1.5°C pathways.

Question 2

Which index is widely used to measure a company's exposure to physical climate risks based on geographic location and asset vulnerability?

Accepted Answer

Four Twenty Seven Climate Risk Score

Answer

Four Twenty Seven (now part of Moody's) provides asset-level physical climate risk scores covering heat, flood, hurricane, sea level rise, and water stress.

Question 3

What does 'double materiality' mean in the context of the EU's ESRS sustainability reporting?

Accepted Answer

Assessing both how sustainability issues affect the company and how the company affects society and the environment

Answer

Double materiality requires companies to assess both financial materiality (impacts on the company) and impact materiality (company's impacts on society/environment).

Question 4

A facility calculates its Scope 1 emissions from a natural gas boiler. Which emission factor source is most appropriate for a US-based environmental audit?

Accepted Answer

US EPA Emission Factors for Greenhouse Gas Inventories

Answer

The US EPA's Emission Factors for Greenhouse Gas Inventories provides country-specific factors for stationary combustion, making it the most appropriate source for US facilities.

Question 5

Which climate scenario developed by the International Energy Agency (IEA) describes a pathway consistent with limiting warming to 1.5°C with no carbon capture overshoot?

Accepted Answer

Net Zero Emissions by 2050 Scenario (NZE)

Answer

The IEA's Net Zero Emissions by 2050 (NZE) scenario maps a 1.5°C-consistent pathway that does not rely on large-scale carbon capture to compensate for overshoot.

(CEA) Certified Environmental Auditor Practice Test

(CEA) Certified Environmental Auditor Practice Test

CEA Climate Change & Sustainability Metrics 5